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(ZENITHDRUG_SM) Zenith Drugs complete technical analysis [charts+indicators] | Buy/Sell Zenith Drugs | (ZENITHDRUG_SM) share price targets

Complete technical analysis of Zenith Drugs (ZENITHDRUG_SM) by charts plus indicators, forecast predictions and share price targets for Zenith Drugs (ZENITHDRUG_SM)

Showing technical analysis as on 2024-09-05 View latest technical analysis

10 day averaged volume of Zenith Drugs is 291360

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	109.80	107.95	111.50	107.30	0.483 times
04 Wed Sep 2024	106.35	109.00	109.00	103.00	0.626 times
03 Tue Sep 2024	110.30	109.50	112.00	107.50	0.527 times
02 Mon Sep 2024	107.50	108.00	112.00	105.00	0.39 times
30 Fri Aug 2024	107.60	109.80	112.00	107.00	0.61 times
29 Thu Aug 2024	111.70	106.00	117.80	106.00	2.466 times
28 Wed Aug 2024	101.05	103.95	105.00	100.75	0.209 times
27 Tue Aug 2024	102.60	100.00	104.00	96.50	0.664 times
26 Mon Aug 2024	99.50	101.00	101.25	98.00	1.032 times
23 Fri Aug 2024	96.95	91.10	99.45	88.00	2.422 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 106, but if it comes below 106, then a intra day sell could be more profitable.
If you take a sell trade below 106, then use 106 as stoploss and 93.76 as target. However if you take a buy trade in stock , then use 106 as stoploss and 120.6 as target.

Share price targets for Zenith Drugs (ZENITHDRUG_SM)

Target Type	Value
Downside Target	55.20
Downside Target	59.30
Downside Target	62.00
Downside Target	68.00
Downside Target	78.00
Downside Target	81.00
Downside Target	84.95
Downside Target	87.50
Downside Target	93.30
Downside Target	96.50
Downside Target	99.45
Downside Target	103.00
Upside Target	112.00
Upside Target	117.80

Intraday share price targets for Zenith Drugs (ZENITHDRUG_SM)

Target Type	Value
Downside Intraday Target	104.53
Downside Intraday Target	99.27
Upside Intraday Target	113.53
Upside Intraday Target	117.27
Downside Intraday Target	108.27

Weekly technical analysis of Zenith Drugs (ZENITHDRUG_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	109.80	108.00	112.00	103.00	0.407 times
30 Fri Aug 2024	107.60	101.00	117.80	96.50	1.249 times
23 Fri Aug 2024	96.95	83.00	99.45	78.30	6.785 times
16 Fri Aug 2024	83.85	82.00	84.95	79.05	0.365 times
09 Fri Aug 2024	82.00	82.00	87.50	78.00	0.759 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Zenith Drugs (ZENITHDRUG_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	109.80	108.00	112.00	103.00	0.171 times
30 Fri Aug 2024	107.60	91.00	117.80	78.00	0.951 times
31 Wed Jul 2024	89.70	63.20	93.30	62.00	5.009 times
28 Fri Jun 2024	63.00	67.00	68.00	55.20	0.36 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Zenith Drugs (ZENITHDRUG_SM)

Price action analysis of Zenith Drugs ( (ZENITHDRUG_SM) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Zenith Drugs ( (ZENITHDRUG_SM) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Zenith Drugs ( (ZENITHDRUG_SM) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Zenith Drugs ( (ZENITHDRUG_SM) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Zenith Drugs stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Zenith Drugs in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Zenith Drugs Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Zenith Drugs in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Zenith Drugs is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 104.73 and Zenith Drugs (ZENITHDRUG_SM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Zenith Drugs (ZENITHDRUG_SM) stock. Volume based technical analysis of Zenith Drugs (ZENITHDRUG_SM) stock is negative.

Zenith Drugs Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.